FIIs continue selling

Outflow of Rs 1513.30 crore on 28 January 2008

Foreign institutional investors (FIIs) sold shares worth a net Rs 1513.30 crore on Monday, 28 January 2008, compared to their buying of Rs 669 crore on Friday, 25 January 2008.

FII outflow of Rs 1513.30 crore on 28 January 2008 was a result of gross purchases of Rs 2600.30 crore and gross sales Rs 4113.60 crore. The 30-share BSE Sensex declined 208.88 points or 1.14% at 18,152.78 on that day.

FII outflow in January 2008 totaled Rs 12,139.20 crore (till 28 January 2008).

There are a total of 1,276 FIIs registered with the Securities & Exchange Board of India (Se